China Graphite Group (HKSE:02237) Accounts Payable & Accrued Expense : HK$47.7 Mil (As of Dec. 2023)

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What is China Graphite Group Accounts Payable & Accrued Expense?

China Graphite Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$55.0 Mil) to Jun. 2023 (HK$28.1 Mil) but then increased from Jun. 2023 (HK$28.1 Mil) to Dec. 2023 (HK$47.7 Mil).

China Graphite Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$30.4 Mil) to Dec. 2022 (HK$55.0 Mil) but then declined from Dec. 2022 (HK$55.0 Mil) to Dec. 2023 (HK$47.7 Mil).

China Graphite Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Graphite Group's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Graphite Group Accounts Payable & Accrued Expense Chart

China Graphite Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

113.62

131.99

30.44

55.00

47.71

China Graphite Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			30.44	37.92	55.00	28.05	47.71

China Graphite Group Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

China Graphite Group (HKSE:02237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN

Website

https://www.chinagraphite.com.hk

China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.

Executives

Sandy Mining Limited	2101 Beneficial owner
Zhao Liang	2201 Interest of corporation controlled by you

China Graphite Group (HKSE:02237) Headlines

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